New Delhi, Nov. 21 -- India's real estate sector posted strong booking momentum in the July-September quarter of FY26, even as new project launches slowed sharply, according to a sector review by Nuvama Research.

Pre-sales for the top 23 listed developers surged 31 per cent year-on-year to about Rs4.05 lakh crore in Q2FY26, driven by sustained demand and healthy off-take across key markets. This came despite a steep 61 per cent (YoY) decline in launch volumes among the top 15 developers.

However, the report highlights that the growth is mainly driven by big-ticket launches, including DLF's debut project in Mumbai, new offerings from Godrej Properties, and steady performance by Prestige Estates, who were major contributors to the quarter...